Fractals and Scaling In Finance
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Tags:
Business & Investing / Economics / Public Finance / Industries & Professions / Accounting / Professional & Technical
- Author: Benoit B. Mandelbrot
- Edition: 1
- Release: 1997-09-18
- Format: Hardcover (551 pages)
- ISBN 10: 0387983635
- ISBN 13: 9780387983639
- List Price: $69.95
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Book Description: BLECK: PHYSICS TODAY "At once a compendium of Mandelbrot's pioneering work and a sampling of new results, the presentation seems modeled on the brilliant avant-garde film 'Last Year in Marienbad', in which the usual flow of time is suspended, and the plot is gradually revealed by numerous but slightly different repetitions of a few repetitions of a few underlying events...Mandelbrot writes with economy and felicity, and he intersperses the more mathematical sections with frank historical anecdotes, such as the events that led up to his work on cotton pricing and the embarrassment caused by interpreting US Department of Agriculture data for weekly averages as 'Sunday closing prices.' There are many fascinating asides on a variety of topics, ranging from the importance of computer graphics in science to the distribution of insurance claims resulting from fire damage...The reader who is open-minded and prepared to indulge one of our more influential and original thinkers will be amply awarded. All in all, this is a strange but wonderful book. It will not suit everyone's taste but will almost surely teach every reader something new. What more can one ask?"
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